This is one of the winning wiki pages for last year. It should be noted that this wiki did get some points docked for lack of cited sources. Also please note that this year, you have 3 additional content pieces to add to the wiki: presentation, mind map and group photo.
Image source: http://nhop.wordpress.com/
Globalization and outsourcing are both major parts of today's economy, no matter how they affect our everyday lives through the most significant or insignificant manner. Globalization is the interaction of different businesses in different countries to help move supplies and increase profit and recognition; therefore, if a business operates with other contracted businesses in many countries, they can outsource and network with one another in order to incorporate one another's work through collaboration. Outsourcing, however, is moving jobs to other countries to save money or even to simply offshore jobs in order to have faster production lines and to conserve large portions of jobs and lost economy. An example of outsourcing is the call centers throughout India that support the executive countries such as in America. When a company moves their customer support center to India, they can pay employees less but also improve the lives of people in foreign countries by providing them an opportunity for jobs.[1]
Globalization can be a very controversial subject matter as many people have their own view on whether it ultimately helps or hurts America and the other wealthy countries' economy. Proponents of globalization claim that this global networking gives a boost to third world countries as they try to improve their economy and their way of life. But some people oppose globalization by saying that large corporations are the only ones that benefit from this practice and that this worldwide change puts at stake the sacrifice of local enterprises, cultures, and common people. Click here to view Mind Map
Overview
Today, their are plenty of surrounding news that are due to globalization. Old US jobs are becoming new in countries across the world. The economic recession that the world has encountered is a result of a global tie of markets and businesses. As a result, globalization has a worsened reputation and is the blame for plenty of the ill-fated choices within the twenty-first century and seems to have impacted the world in even the littlest of places. Globalization is the worldwide communication with governments, also, which lead to the worldwide communication link within the universe. As a result, the world is intertwined with countries through plenty of political communication and debate that are present within the twenty-first century. As a result, many news corporations are taken to the idea of reporting the commotion regarding the worldwide globalization. Henceforth, Scifferes of CNN News published an up-to-date and modern article regarding the manifestation of worldwide companies and organization and what globalization truly is.
Addressed within his article, CNN's Scifferes had readily discussed the worldwide impact due to and in cause of globalization. This article clearly illustrates the pros and cons that are correlated to the intertwining relationship between outsourcing and globalization within the twenty-first century. As a result, the author, Scifferes is in the business aspect of this matter to connect the world through fiber optic connections and the vast communication links of the Internet. While weighing both the pros and the cons of this global market, Scifferes characterizes globalization as “a word that is on everyone’s lips these days” due to the fact that its inevitable grip on the economy is shaking the world for both the good and the bad. As discussed throughout his England-based article, this journalist states that only few locations throughout the world have seen globalization like Bangalore, India with their trade routes and information epoch connected to the superpowers of America. [2] In essence, globalization today is blamed for plenty of the ill-fated choices within our lifetime and seems to impact the world in even the littlest of places. Therefore, exhibited throughout this economy-emphasizing article, the journalist conducts his own mental survey of the facts that are encompassed by globalization through the fact that it was not started now, however, it was given its shape in the Industrial Revolution where England and America had thrived heavily in. file:///Volumes/data/users/Students/2014/497458/Desktop/Screen%20shot%202011-03-22%20at%209.43.54%20AM.png
The current news throughout the world that has been impacted throughout the sensation of the natural disaster of Japan that has occurred on March 11, 2011 and has been a topic of discussion throughout the world. This 9.0 scaled earthquake has caused massive damage from the numbered counts of the casualty to the stock
market plunging within the world, and as a result, the world has felt the impact itself ensue and burn within the worldwide economy due to its devastation. Therefore, the economic and trading turmoil present within this situation is global, for the harsh impact is present throughout the world just as how the tsunami waves had a domino-effect throughout the Pacific Ocean which rendezvoused to the coasts of Indonesia and into the shores of Australia, therefore, ending up into the coasts of South America which include the countries of Colombia, Peru, and Chile. Globalization took large part in mending this worldwide disaster by incorporating the companies involved within globalization within Japan and other various countries to raise money in order to aid those damaged structures which are encompassed by that particular company. Red Cross is also a worldwide organization and crisis operation to provide relief throughout the world with the help of biomedical therapy and even cognitive help that are present within majority of the countries of the world which include Japan, the United States of America, and nearly fifty other countries that are incorporated with these various nations! Globalization has truly taken part and has impacted the global phenomenon of networking support throughout this world as exhibited by this current featured news devastation.
Overview The American education system, like its counterparts around the world, is going through a transition in response to globalization and the impact of technology. One of the major consequences of the globalization of education has been the corporatization of institutions of higher learning. It is said that the for-profit education market in the United States is worth more than $500 billion for the involved corporates. More than one thousand state schools have been handed over to corporations to be run as businesses. But there is a fundamental problem with the way business models have been applied to the delivery of education and other public goods. Unthinking adoption of the private sector model prevents the development of a meaningful approach to management in the public services in general or to the social services in particular based on their distinctive purposes, conditions and objectives.
Education has a very influential and susceptible power over the worldwide magnificence of globalization and outsourcing. Throughout the increase of worldwide trade and investments, education and their educators have been at odd ends with increased pressures for a vast more amount of knowledge. Within primary schools, the foundation of basic education has become a more progressed and profound stage that is moving ever faster. In comparison, middle school and high school students have experience with non-substantial and rather trivial classes that are added to increase a student’s capacity of general knowledge. In other word, education has taken larger, unnecessary steps.
Within an internet-based article, the ultimate driving force or message is the concept that globalization takes place once education is institutionalized. As a result, this article describes how the profound implications of globalization are affecting both the education standards and the educators themselves. Worldwide, the increased levels of concern for the welfare of business instigates an increase or stimulus found throughout education. In part, this article also addresses the presence of corporations and further branding in education. Likewise, this article profoundly draws out the forces associated with such globalization, economic or social, that have conditioned the context in which educators operate, and profoundly altered people’s experience of both formal and informal education.
Elementary (Primary) and Middle (Secondary) School Impact
In primary and secondary schools, the curriculum is controlled by a local school board. There is no national curriculum in the United States, and there are 17,000 school boards across America. Recently, primary schools have been very focused on their performance in national testing, called No Child Left Behind. Even though there is no national curriculum, there is national testing. On every school system, math and reading are at the top of the list. In addition, within elementary schools, the pace at which the laying foundations of education are taught at a heavily increased pace as kin to the middle school and high school years, but there is a tremondous inconsistensy. A big wake up call for U.S. Education at the primary and secondary level is the International PISA exam. This exam is administered to 8-year olds and 15-year olds to compare the national educational attainment. Those are international statistictics that are getting the attention of policy makers.
High School Impact
The program Teach for America (TFA) is a program where the best colleges and universities send a select group of graduates all over this nation to teach students in grades K-12 that are not in the best schools or areas for the best environment to learn. The program has noticed that it is having a positive affect on high schoolers and their test scores mostly in the subjects math and science. This globalized change has been reinforced over the past decade because of the competitive nature in the downfalls that are associated to both concepts of globalization and outsourced jobs.
College Impact
College outsourcing has become a prominent thing in some countries. The fact that education is faltering in America has brought upon the idea of moving universities to other countries, to make education cheaper and cut the costs. This also gives a chance to exchange students from one college to another. India is a good example of college outsourcing. Currently, a bill is trying to be passed in India that will give an opportunity to the west to expand their colleges. Likewise, within the early stages of college, sites are used to project marketing and promote branding throughout college such as their textbooks and their outerwear. Plus the college age-leveled students from India can take western courses using the colleges that may be planted in India, if the bill is passed. This will give a larger opportunity to Indian college students who want to become qualified for the expanding globalizing jobs. Preparing students for new job opportunities is top priority in colleges, and more and more colleges are resorting to outsourcing to educate their students further. One of the largest college systems in Illinois, called the CCC, is a group of Chicago colleges that are teaming up with outsourcing companies.
Employment Outsourcing both creates and destroys jobs, in that someone is getting a job and someone is surrendering a job. This type of contracting goes on all the time, in a multitude of forms. Think of a Korean automobile factory in the U.S. It outsources work to U.S. companies, who in turn outsource to other foreign and domestic companies. The Korean factory also relies on the home corporation in Korea for design and engineering services, and other factories in Korea and Japan for parts and accessories. These factories in turn outsource work to other companies in Korea, Japan, Germany, and the U.S. Government regulation or taxation of this process would create havoc and chaos.
Many companies employ people in foreign countries for reducing the cost of it.
Recently outsourcing has become big news because white-collar jobs in areas such as telecommunications and information technology have been outsourced to foreign workers. American workers with high-paying easy jobs have had the proverbial rug pulled out from beneath them and are crying foul, far and wide. It is quite natural that they would not be interested in the economic fact that such outsourcing is vital to the economy and their own long-run economic interest. Outsourcing, both foreign and domestic, is crucial not only for saving current jobs, but also for new job creation.
For every 1% increase in job creation, there would be approximately 250,000 additional jobs created in the United States over the next ten years. A study by the International Monetary Fund suggests that, based on past experience, cutting government spending and taxation by 10% of output would add more than one million jobs in the U.S. economy over the next decade, over and above the amount that would normally be created (approximately 20 million). This upward expansion in job creation further increases the output of goods and services, puts upward pressure on real wage rates for everyone in the economy, and, by reducing the tax burden, would mean an increase in take-home pay for all. Bigger cuts in government would result in reports of labor "shortages," unfair wage and benefit demands by employees, and possibly even calls for maximum-wage laws.
Government Globalization is generating a widespread backlash that could undermine political support for an open world economy. A new institute book by Dani Rodrik
Globalization now became the most critical part of the governments.
professor of International Political Economy at Harvard University, concludes that globalization is beneficial on the whole but that it can impose significant costs on some groups within each country. Policymakers must, therefore, respond by ensuring that international economic integration does not contribute to domestic social disintegration. Protectionism is not the answer and would in fact be counterproductive. But external liberalization must be complemented with internal compensation and social insurance for groups who suffer from globalization and who would otherwise increasingly oppose its further evolution.
Rodrik identifies three sources of tension between the global market and social stability. First, globalization makes the services of large segments of the working population more easily substitutable across national boundaries and therefore transforms the employment relationship. Second, globalization engenders conflicts over social norms and the institutions that embody them, both within and among countries. Third, globalization has reached a stage at which it has become exceedingly difficult for governments to carry out one of their central functions: the provision of social insurance. Each of these points, argues Rodrik, reveals an important weakness in how advanced societies are currently handling—or are equipped to handle—the consequences of globalization.
The appropriate lesson for national policymakers is not to retreat behind protectionist walls, Rodrik concludes. Protectionism would be of very little help and would create its own social tensions. The right lesson is to complement the external strategy of liberalization with an internal strategy of compensation and social insurance for groups most at risk. Among other things, this requires shifting the focus of welfare programs from old-age pensions to labor-market insurance.
Politics now needs globalization for stepping toward a better world.
Politics Traditionally, politics has been undertaken within national political systems. National governments have been ultimately responsible for maintaining the security and economic welfare of their citizens, as well as the protection of human rights and the environment within their borders. With global ecological changes, an ever more integrated global economy, and other global trends, political activity increasingly takes place at the global level. Under globalization, politics can take place above the state through political integration schemes such as the European Union and through intergovernmental organizations such as the "International Monetary Fund," the World Bank, and the World Trade Organization. Political activity can also transcend national borders through global movements and NGOs. Civil society organizations act globally by forming alliances with organizations in other countries, using global communications systems, and lobbying international organizations and other actors directly, instead of working through their national governments.
Globalization of art gave more creative thinking to other artists.
Art Globalization and technology are forcing artists, curators and museum directors to rethink the world of American art. New art collectors are emerging from different parts of the globe and have pulled the art world away from the traditional centers of gravity in Europe and the United States. The lines between high art versus popular culture and who consumes them seem to be blurring, according to some observers. The traditional definition of "high art" -- referring to painting, sculpture, classical music, or opera -- descended from the eras of kings and aristocrats and carried connotations of wealth and elitism. The economic infrastructure of the art world is also changing as a result of technology and globalization. International collectors are helping fund an art boom, and the Internet is allowing artists to showcase their work to a broader audience.
Leisure
Outsourcing became important part in the leisure.
Leisure has assumed a much greater importance in daily life, as has tourism. These changes have had significant repercussions on urban design, and the ways in which cities are perceived and built. Leisure and cultural activities are taking over space that until recently was dedicated to industry, with wastelands becoming cultural centres, ports becoming promenades, and disused factories being converted into retail or leisure centers. New leisure and tourism-based urban projects are seen as driving the development of cities. Central city areas have new residents, with the process of "gentrification" in these areas reflecting the closeness of work and leisure in the lives of the new residents.
These may incorporate theme restaurants (such as Hard Rock Cafe or Planet Hollywood), cinema multiplexes, hi-tech video or virtual reality gaming areas, casinos and retail outlets (particularly large chains or franchises such as Virgin Megastore or Disney Stores). Examples of urban entertainment developments include Times Square in New York and Potzdamer Platz in Berlin. Culture is also playing a driving role in urban development, with a notable example being the construction of the Guggenheim museum in Bilbao. These trends do, however, have less positive aspects. The risk of homogenization of cities as a result of the "globalization of leisure" is of concern, as is the growing "privatization" of public spaces.
With globalization, entertainment boosts itself better and more interesting.
Entertainment The media industry since the time of its inception has been and is still a very profitable one. Broadly divided, the industry includes the advertising, publishing, movies and entertainment ,and broadcasting and cable TV markets. With an increasing number of consumers opting for digital media and user generated entertainment, the use and profitability of digital mediums is gaining momentum rapidly as it is in its prime.
Media access on internet and mobile devices is creating vast changes in the manner in which media is exchanged, viewed and marketed, leading to the pressing need for digital management, enterprise resource planning, and copyright management. The media industry is looking to outsourcing as a viable option, cost being the driving factor. Opportunity for outsourcing also lies in the requirement for rapid and vast content creation and also in the conversion of media records from discs to digital formats and in archiving media.
Medical supplies are one of the biggest things that are outsourced do to many needs.
Globalization plays a major role in health. In rural places, such as third world countries and/or cities , there are smaller population sizes, thus leading to a smaller profit for doctors whom work in these isolated areas. To increase his/her profits the doctor may move to a larger city, increasing his/her income. Events like this impact the small village more than the large city due to the reasoning that in a minimally populated town, one less doctor is the equivalent to one less hand in the hospital that can impact the fate of the patients. Globalization moves new medical facilities to these rural places. Health care is also influenced by globalization, even though medical care is often viewed as a private enterprise, where diets in foreign countries are not known for their health contributive properties. Globalization can bring new healthy foods to other countries. Another way globalization is used in the health care industry is by medical tourism. Medical tourism is when one goes to a different country to receive medical attention. This is most often done with big procedures that tend to be more expensive. or even when organizations lend a hand to support the less privileged. One of the biggest types of surgery that people have used "medical tourism for is cosmetic surgeries." These types of surgeries tend to be half the price of a one done in the US because many organizations around the world team up in order to contribute for the pay for the greater good of the cause. In the US surgeries can go up to $40,000 or more. The same surgery can be done in a different country such as India for $8,500. A surgery done in the US compared to a surgery done in a different country has a 40-60% difference. India has been chosen over all the other countries do to a lower expense job. Not only that but they as well of a job and will help you regardless the time of year or the sickness. Many people have done or taken medical tourism into consideration. The US is not the only country who does this, for many other countries mix globalization and health as well.
Science Science is also affected by globalization and outsourcing. Rather than looking at this from a negative standpoint and saying 'those foreigners stole our science related jobs,' you can easily say that they are helping us through the knowledge of science. If one scientific milestone is made in any country, we will all benefit from it because illnesses are typically worldwide pandemics. Say that India discovers a new fuel source, China could use it for a car while the United States could set up a program to learn more about it. You cannot necessarily hoard scientific progress. In the end, globalization will help and not hinder scientific progress. Globalization goes hand in hand with science with the help of collaboration to continually find new and up-to-date information within the leading field of science. When a new theoy or dicovery is made or found in one country, it soon breaks out to other countries. After this happens, they all contribute to it in order to learn more about the topic at hand. In science things are tested multiple times, and this is the way it is done repeatedly so that countries all throughout the world have the same information. A discovery or new idea can be brought about in India, and from there it could be modified in the US, Mexico, or even England.
Environment An often overlooked part of globalization is its affect on the environment as a consequence. There are many ways globalization and outsourcing can affect the environment, but the most common way is by the placement of factories. For example, there could be a rural village near a rainforest, and a company builds a large chemical factory to provide the neighboring people jobs. However, the regulations are lower on the factory because it is a rural area and is generally secluded or even often isolated. Toxic waste and other garbage would be polluting the surroundings and causing harm to the environment and the animals living in it including humans. This waste dumping would devastate the environment and possibly even the village itself. People do not realize that the companies they are building in the middle of forests and other untouched areas could and have caused harm to the environment and the animals living in these different biomes. Another way that outsourcing has a huge effect on the environment are the companies and businesses. Companies or factories may originate in one land or area and have the opportunity to grow their businesses, such as McDonalds, so when they become popular they expand. They stay in their original locations in order to prosper in their current job and they then start expanding to different cities, countries, or sometimes even content to broaden their marketing horizons.
Using the RSS feed from our Diigo, insert an RSS feed here to show the research that has been done on this topic by all students and advisors for this project. Click here to check the tagging standard to determine the feed for this page. All items tagged with: outsourcing [[rss url="http://groups.diigo.com/group/west-career-and-technical-academy/rss" link="true" number="10"]]
This is one of the winning wiki pages for last year. It should be noted that this wiki did get some points docked for lack of cited sources. Also please note that this year, you have 3 additional content pieces to add to the wiki: presentation, mind map and group photo.
Globalization and outsourcing are both major parts of today's economy, no matter how they affect our everyday lives through the most significant or insignificant manner. Globalization is the interaction of different businesses in different countries to help move supplies and increase profit and recognition; therefore, if a business operates with other contracted businesses in many countries, they can outsource and network with one another in order to incorporate one another's work through collaboration. Outsourcing, however, is moving jobs to other countries to save money or even to simply offshore jobs in order to have faster production lines and to conserve large portions of jobs and lost economy. An example of outsourcing is the call centers throughout India that support the executive countries such as in America. When a company moves their customer support center to India, they can pay employees less but also improve the lives of people in foreign countries by providing them an opportunity for jobs.[1]
Globalization can be a very controversial subject matter as many people have their own view on whether it ultimately helps or hurts America and the other wealthy countries' economy. Proponents of globalization claim that this global networking gives a boost to third world countries as they try to improve their economy and their way of life. But some people oppose globalization by saying that large corporations are the only ones that benefit from this practice and that this worldwide change puts at stake the sacrifice of local enterprises, cultures, and common people.
Click here to view Mind Map
Overview
Addressed within his article, CNN's Scifferes had readily discussed the worldwide impact due to and in cause of globalization. This article clearly illustrates the pros and cons that are correlated to the intertwining relationship between outsourcing and globalization within the twenty-first century. As a result, the author, Scifferes is in the business aspect of this matter to connect the world through fiber optic connections and the vast communication links of the Internet. While weighing both the pros and the cons of this global market, Scifferes characterizes globalization as “a word that is on everyone’s lips these days” due to the fact that its inevitable grip on the economy is shaking the world for both the good and the bad. As discussed throughout his England-based article, this journalist states that only few locations throughout the world have seen globalization like Bangalore, India with their trade routes and information epoch connected to the superpowers of America. [2]
In essence, globalization today is blamed for plenty of the ill-fated choices within our lifetime and seems to impact the world in even the littlest of places. Therefore, exhibited throughout this economy-emphasizing article, the journalist conducts his own mental survey of the facts that are encompassed by globalization through the fact that it was not started now, however, it was given its shape in the Industrial Revolution where England and America had thrived heavily in. file:///Volumes/data/users/Students/2014/497458/Desktop/Screen%20shot%202011-03-22%20at%209.43.54%20AM.png
http://www.flickr.com/photos/36498826@N02/3864771872/
Japan Earthquake
The current news throughout the world that has been impacted throughout the sensation of the natural disaster of Japan that has occurred on March 11, 2011 and has been a topic of discussion throughout the world. This 9.0 scaled earthquake has caused massive damage from the numbered counts of the casualty to the stockOverview
The American education system, like its counterparts around the world, is going through a transition in response to globalization and the impact of technology. One of the major consequences of the globalization of education has been the corporatization of institutions of higher learning. It is said that the for-profit education market in the United States is worth more than $500 billion for the involved corporates. More than one thousand state schools have been handed over to corporations to be run as businesses. But there is a fundamental problem with the way business models have been applied to the delivery of education and other public goods. Unthinking adoption of the private sector model prevents the development of a meaningful approach to management in the public services in general or to the social services in particular based on their distinctive purposes, conditions and objectives.
Education has a very influential and susceptible power over the worldwide magnificence of globalization and outsourcing. Throughout the increase of worldwide trade and investments, education and their educators have been at odd ends with increased pressures for a vast more amount of knowledge. Within primary schools, the foundation of basic education has become a more progressed and profound stage that is moving ever faster. In comparison, middle school and high school students have experience with non-substantial and rather trivial classes that are added to increase a student’s capacity of general knowledge. In other word, education has taken larger, unnecessary steps.
Within an internet-based article, the ultimate driving force or message is the concept that globalization takes place once education is institutionalized. As a result, this article describes how the profound implications of globalization are affecting both the education standards and the educators themselves. Worldwide, the increased levels of concern for the welfare of business instigates an increase or stimulus found throughout education. In part, this article also addresses the presence of corporations and further branding in education. Likewise, this article profoundly draws out the forces associated with such globalization, economic or social, that have conditioned the context in which educators operate, and profoundly altered people’s experience of both formal and informal education.
Elementary (Primary) and Middle (Secondary) School Impact
In primary and secondary schools, the curriculum is controlled by a local school board. There is no national curriculum in the United States, and there are 17,000 school boards across America. Recently, primary schools have been very focused on their performance in national testing, called No Child Left Behind. Even though there is no national curriculum, there is national testing. On every school system, math and reading are at the top of the list. In addition, within elementary schools, the pace at which the laying foundations of education are taught at a heavily increased pace as kin to the middle school and high school years, but there is a tremondous inconsistensy. A big wake up call for U.S. Education at the primary and secondary level is the International PISA exam. This exam is administered to 8-year olds and 15-year olds to compare the national educational attainment. Those are international statistictics that are getting the attention of policy makers.High School Impact
The program Teach for America (TFA) is a program where the best colleges and universities send a select group of graduates all over this nation to teach students in grades K-12 that are not in the best schools or areas for the best environment to learn. The program has noticed that it is having a positive affect on high schoolers and their test scores mostly in the subjects math and science. This globalized change has been reinforced over the past decade because of the competitive nature in the downfalls that are associated to both concepts of globalization and outsourced jobs.College Impact
College outsourcing has become a prominent thing in some countries. The fact that education is faltering in America has brought upon the idea of moving universities to other countries, to make education cheaper and cut the costs. This also gives a chance to exchange students from one college to another. India is a good example of college outsourcing. Currently, a bill is trying to be passed in India that will give an opportunity to the west to expand their colleges. Likewise, within the early stages of college, sites are used to project marketing and promote branding throughout college such as their textbooks and their outerwear. Plus the college age-leveled students from India can take western courses using the colleges that may be planted in India, if the bill is passed. This will give a larger opportunity to Indian college students who want to become qualified for the expanding globalizing jobs. Preparing students for new job opportunities is top priority in colleges, and more and more colleges are resorting to outsourcing to educate their students further. One of the largest college systems in Illinois, called the CCC, is a group of Chicago colleges that are teaming up with outsourcing companies.Employment
Outsourcing both creates and destroys jobs, in that someone is getting a job and someone is surrendering a job. This type of contracting goes on all the time, in a multitude of forms. Think of a Korean automobile factory in the U.S. It outsources work to U.S. companies, who in turn outsource to other foreign and domestic companies. The Korean factory also relies on the home corporation in Korea for design and engineering services, and other factories in Korea and Japan for parts and accessories. These factories in turn outsource work to other companies in Korea, Japan, Germany, and the U.S. Government regulation or taxation of this process would create havoc and chaos.
Recently outsourcing has become big news because white-collar jobs in areas such as telecommunications and information technology have been outsourced to foreign workers. American workers with high-paying easy jobs have had the proverbial rug pulled out from beneath them and are crying foul, far and wide. It is quite natural that they would not be interested in the economic fact that such outsourcing is vital to the economy and their own long-run economic interest. Outsourcing, both foreign and domestic, is crucial not only for saving current jobs, but also for new job creation.
For every 1% increase in job creation, there would be approximately 250,000 additional jobs created in the United States over the next ten years. A study by the International Monetary Fund suggests that, based on past experience, cutting government spending and taxation by 10% of output would add more than one million jobs in the U.S. economy over the next decade, over and above the amount that would normally be created (approximately 20 million). This upward expansion in job creation further increases the output of goods and services, puts upward pressure on real wage rates for everyone in the economy, and, by reducing the tax burden, would mean an increase in take-home pay for all. Bigger cuts in government would result in reports of labor "shortages," unfair wage and benefit demands by employees, and possibly even calls for maximum-wage laws.
Government
Globalization is generating a widespread backlash that could undermine political support for an open world economy. A new institute book by Dani Rodrik
Rodrik identifies three sources of tension between the global market and social stability. First, globalization makes the services of large segments of the working population more easily substitutable across national boundaries and therefore transforms the employment relationship. Second, globalization engenders conflicts over social norms and the institutions that embody them, both within and among countries. Third, globalization has reached a stage at which it has become exceedingly difficult for governments to carry out one of their central functions: the provision of social insurance. Each of these points, argues Rodrik, reveals an important weakness in how advanced societies are currently handling—or are equipped to handle—the consequences of globalization.
The appropriate lesson for national policymakers is not to retreat behind protectionist walls, Rodrik concludes. Protectionism would be of very little help and would create its own social tensions. The right lesson is to complement the external strategy of liberalization with an internal strategy of compensation and social insurance for groups most at risk. Among other things, this requires shifting the focus of welfare programs from old-age pensions to labor-market insurance.
Politics
Traditionally, politics has been undertaken within national political systems. National governments have been ultimately responsible for maintaining the security and economic welfare of their citizens, as well as the protection of human rights and the environment within their borders. With global ecological changes, an ever more integrated global economy, and other global trends, political activity increasingly takes place at the global level. Under globalization, politics can take place above the state through political integration schemes such as the European Union and through intergovernmental organizations such as the "International Monetary Fund," the World Bank, and the World Trade Organization. Political activity can also transcend national borders through global movements and NGOs. Civil society organizations act globally by forming alliances with organizations in other countries, using global communications systems, and lobbying international organizations and other actors directly, instead of working through their national governments.
Globalization and technology are forcing artists, curators and museum directors to rethink the world of American art. New art collectors are emerging from different parts of the globe and have pulled the art world away from the traditional centers of gravity in Europe and the United States. The lines between high art versus popular culture and who consumes them seem to be blurring, according to some observers. The traditional definition of "high art" -- referring to painting, sculpture, classical music, or opera -- descended from the eras of kings and aristocrats and carried connotations of wealth and elitism. The economic infrastructure of the art world is also changing as a result of technology and globalization. International collectors are helping fund an art boom, and the Internet is allowing artists to showcase their work to a broader audience.
Leisure
Leisure has assumed a much greater importance in daily life, as has tourism. These changes have had significant repercussions on urban design, and the ways in which cities are perceived and built. Leisure and cultural activities are taking over space that until recently was dedicated to industry, with wastelands becoming cultural centres, ports becoming promenades, and disused factories being converted into retail or leisure centers. New leisure and tourism-based urban projects are seen as driving the development of cities. Central city areas have new residents, with the process of "gentrification" in these areas reflecting the closeness of work and leisure in the lives of the new residents.
These may incorporate theme restaurants (such as Hard Rock Cafe or Planet Hollywood), cinema multiplexes, hi-tech video or virtual reality gaming areas, casinos and retail outlets (particularly large chains or franchises such as Virgin Megastore or Disney Stores). Examples of urban entertainment developments include Times Square in New York and Potzdamer Platz in Berlin. Culture is also playing a driving role in urban development, with a notable example being the construction of the Guggenheim museum in Bilbao. These trends do, however, have less positive aspects. The risk of homogenization of cities as a result of the "globalization of leisure" is of concern, as is the growing "privatization" of public spaces.
Entertainment
The media industry since the time of its inception has been and is still a very profitable one. Broadly divided, the industry includes the advertising, publishing, movies and entertainment ,and broadcasting and cable TV markets. With an increasing number of consumers opting for digital media and user generated entertainment, the use and profitability of digital mediums is gaining momentum rapidly as it is in its prime.
Media access on internet and mobile devices is creating vast changes in the manner in which media is exchanged, viewed and marketed, leading to the pressing need for digital management, enterprise resource planning, and copyright management. The media industry is looking to outsourcing as a viable option, cost being the driving factor. Opportunity for outsourcing also lies in the requirement for rapid and vast content creation and also in the conversion of media records from discs to digital formats and in archiving media.
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Globalization plays a major role in health. In rural places, such as third world countries and/or cities , there are smaller population sizes, thus leading to a smaller profit for doctors whom work in these isolated areas. To increase his/her profits the doctor may move to a larger city, increasing his/her income. Events like this impact the small village more than the large city due to the reasoning that in a minimally populated town, one less doctor is the equivalent to one less hand in the hospital that can impact the fate of the patients. Globalization moves new medical facilities to these rural places. Health care is also influenced by globalization, even though medical care is often viewed as a private enterprise, where diets in foreign countries are not known for their health contributive properties. Globalization can bring new healthy foods to other countries. Another way globalization is used in the health care industry is by medical tourism. Medical tourism is when one goes to a different country to receive medical attention. This is most often done with big procedures that tend to be more expensive. or even when organizations lend a hand to support the less privileged. One of the biggest types of surgery that people have used "medical tourism for is cosmetic surgeries." These types of surgeries tend to be half the price of a one done in the US because many organizations around the world team up in order to contribute for the pay for the greater good of the cause. In the US surgeries can go up to $40,000 or more. The same surgery can be done in a different country such as India for $8,500. A surgery done in the US compared to a surgery done in a different country has a 40-60% difference. India has been chosen over all the other countries do to a lower expense job. Not only that but they as well of a job and will help you regardless the time of year or the sickness. Many people have done or taken medical tourism into consideration. The US is not the only country who does this, for many other countries mix globalization and health as well.
Science
Science is also affected by globalization and outsourcing. Rather than looking at this from a negative standpoint and saying 'those foreigners stole our science related jobs,' you can easily say that they are helping us through the knowledge of science. If one scientific milestone is made in any country, we will all benefit from it because illnesses are typically worldwide pandemics. Say that India discovers a new fuel source, China could use it for a car while the United States could set up a program to learn more about it. You cannot necessarily hoard scientific progress. In the end, globalization will help and not hinder scientific progress. Globalization goes hand in hand with science with the help of collaboration to continually find new and up-to-date information within the leading field of science. When a new theoy or dicovery is made or found in one country, it soon breaks out to other countries. After this happens, they all contribute to it in order to learn more about the topic at hand. In science things are tested multiple times, and this is the way it is done repeatedly so that countries all throughout the world have the same information. A discovery or new idea can be brought about in India, and from there it could be modified in the US, Mexico, or even England.
An often overlooked part of globalization is its affect on the environment as a consequence. There are many ways globalization and outsourcing can affect the environment, but the most common way is by the placement of factories. For example, there could be a rural village near a rainforest, and a company builds a large chemical factory to provide the neighboring people jobs. However, the regulations are lower on the factory because it is a rural area and is generally secluded or even often isolated. Toxic waste and other garbage would be polluting the surroundings and causing harm to the environment and the animals living in it including humans. This waste dumping would devastate the environment and possibly even the village itself. People do not realize that the companies they are building in the middle of forests and other untouched areas could and have caused harm to the environment and the animals living in these different biomes. Another way that outsourcing has a huge effect on the environment are the companies and businesses. Companies or factories may originate in one land or area and have the opportunity to grow their businesses, such as McDonalds, so when they become popular they expand. They stay in their original locations in order to prosper in their current job and they then start expanding to different cities, countries, or sometimes even content to broaden their marketing horizons.
A) Overview:Samantha Hamilton Chasen Messmore B) Current News: Samantha Hamilton Connor McFarlandC) Education: Samantha Hamilton Carson LaBreche Shayna Ray Jessica Mussio Aundrea BrownD Government, Politics and Employment: Carson LaBrecheChasen Messmore Dongkwan KimE) Arts, Entertainment, and Leisure:Diana Villasenor Shayna Ray Dongkwan Kim Jessica MussioRoy ShakerchiF) Science, Environment, and Health: Diana VillasenorConnor McFarland Chasen Messmore Roy Shakerchi Aundrea BrownEditor:
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Schifferes, S. (2007, January 21). Globalization shakes the world. Retrieved from http://news.bbc.co.uk/2/hi/business/6279679.stm
Thornton, M. (2004, April 11). How outsourcing creates jobs. Retrieved from http://www.lewrockwell.com/thornton/thornton20.html
G lobalization of politics. (2005). Retrieved from http://www.globalpolicy.org/globalization/globalization-of-politics.htm
Tanneeru, M. (2006, November 26). Globalization, technology changing the art world. Retrieved from http://articles.cnn.com/2006-11- 26/entertainment/art.globalization_1_high-art-curators-and-museum-directors-art-boom?_s=PM:SHOWBIZ
Medical tourism . (2009). Retrieved from http://medicaltourism.com
Johsnon, M. (2007, March). Cnn news. Retrieved from http://cnn.com/worldwideweb
Hume, T. (2012, February 12). Cnn tech. Retrieved from http://www.cnn.com/2012/02/22/tech/mobile/india-mobile-citizen-journalism/index.html